Sources: Alibaba is pressuring Tmall and Taobao merchants to offer rock-bottom prices during Singles Day, which ends on November 11, or risk losing traffic (Reuters)

October 31, 2023

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Reuters:

Sources: Alibaba is pressuring Tmall and Taobao merchants to offer rock-bottom prices during Singles Day, which ends on November 11, or risk losing traffic — China’s Alibaba (9988.HK) is pressuring merchants to offer rock-bottom prices on its marketplaces in this year’s Singles Day extravaganza …

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